Judge Approves Firm's Malpractice Settlement

Law360, New York (November 11, 2008, 12:00 AM EST) -- A bankruptcy judge has signed off on a $2.5 million settlement to resolve a malpractice claim against Los Angeles-based firm Levene Neale Bender Rankin & Brill LLP brought by the U.S. trustee overseeing the Chapter 11 case of electronics maker SonicBlue Inc.

Judge Marilyn Morgan approved the good faith settlement at a hearing Monday in the U.S. Bankruptcy Court for the Northern District of California. Levene Neale, which represented the creditors committee in the bankruptcy case, admitted no wrongdoing.

The firm had been accused of knowing...
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